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I chose no preference. There should be no preference in
a 50/50 gamble. Therefore this example was also a Representative Heuristic
however this used the gambler's fallacy. This states "that a successful outcome
is due after a run of bad luck or that a series of independent trials with the
same outcome will soon be followed by an opposite outcome" (Plous, 1993).
Activity 2 a. ? In the sequence of the x's and o's the random process utilizes the law of Small Numbers and the Hot Hand. One may perceive that the first string contained too many alternations to be random rather than the second string...
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